JAKARTA (Yosefardi) – PT Tanah Laut Tbk (INDX), engages in ports & terminal services business and logistics & marine transportation services, booked net profit of Rp35.7 billion in the first nine months of 2014, compared to Rp5.38 profit in the same period of 2013.
Revenues grew by 38% to Rp127.17 billion from previous Rp91.78 billion. Cost of revenues rose to Rp87.16 billion from earlier Rp75.77 billion.
Revenues from domestic sea transportation and transloading services was Rp110.33 billion, compared to Rp76.77 billion a year earlier. While revenues from port and marine logistic services totaled Rp16.84 billion.
Its assets reached Rp183.5 billion while liability amounted Rp17.11 billion.